Now, the concept of operating systems goes beyond software and applies to physical things; this is called the Internet of Things (IoT). IoT has in the past allowed separate objects, such as your lighting or air conditioning fixtures, to talk to other devices. You’ve noticed the IoT when an Alexa device adjusts room lighting or garage doors or temperature settings. Over time, there will be many more such interactions between devices and objects; operating systems facilitate those interactions.
Inevitably, the connections between software and physical elements will enlarge the industry. Imagine scenes like these:
Possibly he would be saying that everything looks good, but that it is far in the future. That would possibly be the case, however we are seeing critical steps being taken right now for all of this and for that which has yet to be imagined. The company called Eon Group has created an operational formula that allows manufacturers, recyclers, resellers, customers or anyone else to access complete and correct data about a customer’s garment or product as easily as their messaging application receives their messages and messages. presents on your smartphone. . Randall of Waste Management says that Eon’s formula “allows us to bring more fabrics to the most sensitive in the pyramid,” where they can be recycled and reused.
Eon’s formula is gaining popularity:
Natasha Franck, founder and chief executive officer of Eon, says: “The relationship between the logo and the visitor ends when this product is sold. But this is only the beginning of the product life cycle and the logo delights. Be able to use communication to make this cycle bigger and enjoy enhanced opportunities for logo and delight for consumers.
Annie Gullingsrud, Eon’s chief strategy officer, said: “Eon is introducing a language for those connected products. “Franck d’Eon says, “Basically, what we do is very simple. We [allow brands or retailers] to manage their lifecycle. This includes knowing what a product is, where it comes from, who made it, and what has happened to it over time.
Recycling, resale, and gadgets are apparent uses of a fashionable operating formula, but like your smartphone, once the formula is in place, inventors and marketers will likely expand more advanced tactics to use the data. the efficiency of the chain of origin, reduce shortages and improve marketing performance. Given the scale of the fashion and accessories industries, it is very likely that the effect of this type of data will create opportunities that are most likely not expected. right now.
Cameron Worth, founder and chief executive officer of Sharpend, believes the fashion industry is not approaching this new generation in the most effective way. About Eon, Worth said, “We are big enthusiasts of Eon’s proposal in the market, we believe . . . they have the most powerful logo for fashion designers who want to have interaction in the market. connected space. But he believes the generation distracts logos. He said the logos want to “put the joy before the generation and right now Array . . . at most, other people are putting generation before joy. “Worth believes there’s more desire to identify “a customer challenge or explore a transformation of new business opportunities with connected products. “But the consensus among executives is well articulated through the famous Harvard Business School professor Michael Porter, a wonderful philosopher of business strategy. He says those “smart, connected products” are probably the biggest IT-driven transformation to date, creating more “innovation, productivity gains and economic growth” than the developments of previous generations. some information.
I am co-founder and spouse of Triangle Capital LLC (www. TriangleCapitalLLC. com), where we specialize in mergers, acquisitions and consumer fundraising.
I am co-founder and spouse of Triangle Capital LLC (www. TriangleCapitalLLC. com) where we specialize in mergers, acquisitions and capital raising for consumer-related businesses. Our team has sold to Amazon, PetSmart, L’Oréal, AT
Prior to Triangle Capital, I was managing director of a boutique company called Financo, Inc. , where I led most of that company’s apparel industry transactions. Prior to that, I was a spouse and senior vice president of Drexel Burnham Lambert, where I co-led an organization of 14 mid-market M&A professionals. I co-wrote 3 books on finance and computer programming. Harvard Finance. I was born in New York.